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company with extraordinarily small economy. the fact it would precipitate a run with the greek banks or italian banks and bring down the entire system in europe, fumbling along, kicking the can down the road is really pretty fried and we know from experience these events, whether in the balkins with the shooting of an arch duke or whether in cyprus with the shooting of a banking system can lead to fairly significant consequences for the entire european continent and us. >> so far, the worst-case scenario hasn't happened yet. so far. that's good. let me ask you, steve forbes. do you believe that the united states can make itself immune? are we strong enough economically, and financially, to withstand the kind of worst-case scenario that senator gregg discussed? >> the answer is no. we should have learned that from 2008 when these dominos start to topple. it hits everybody. and this is what is so inexplicable. why did the germans draw the line on this, for sheer domestic political reasons. they don't want to be bailing out russian oil gargs. they have an election this year. they have k
on the economy, the market, and the fed next. ♪ ♪ lou: ben bernanke's federal reserve keeping money cheap, plentiful. chief economist for ubs will tell us whether this is sufficient magic for the market through the remainder of the year. let's take a look at what happened on wall street. today's talks are moving higher. investors expecting just the news that they received, the fed's standing fast, holding steady, helping -- keeping 85 billion a month into the markets in perpetuity. the dow up 56 points, but within 20 points of its all-time high setting a new intra-day record. the s&p up ten points coming within seven of its record high, the nasdaq up 25 them. the nasdaq still some 1800 points away from its all-time high close. over 3 billion shares traded on the big board. gold down $3.80 today, we'll update, interest rates moving slightly higher on the bond market's the treasury ten year holding up till 194. fed chairman ben bernanke warning monetary policy, as he put it, cannot offset fiscal restraint resulting from the fiscal cliff and sequestered. my next guest says economic damage fr
on the economy, the market, and the fed next. ♪ i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. ans
revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infrastructure, education, job training and innovation. it is designed first and foremost to help create jobs and strengthen the economy. the house democratic budget also makes critical investments in our future. $200 billion is invested in infrastructure, education, job training and innovation. helping to create jobs and strengthen the economy. these investments include $80 billion for an education jobs initiative, $50 billion
a gloomy new report on the state of retirement savings. >> the recent headlines about the economy as we've talked about have been pretty good but the lingering effect of the great recession is that a lot of americans have had to dip into their savings to get by. and of course that could be a problem in the years to come for many americans. they're supposed to be the golden years. but a new report says retirement like this is way out of reach for most americans who just aren't socking away enough. even with markets near record highs, the confidence workers have in their retirement is low. the employee benefit research institute found that 49% of americans aren't sure they'll be able to retire comfortably and they're not doing much about it. >> it's one of the scariest things is that it is not just that people don't have a lot of retirement savings. it's they don't know what they need. they don't know what they don't have. so, you know, what you would like to see is more people really sitting down with an adviser doing some hard math. instead, people seem to be crossing their fingers and
of the economy is about 18 billion euros, so the banking industry is four times the size of the economy. if you allow the banks to fail, much like letting citibank or jpmorgan here in the united states, that would have significant repercussion the in the economy. connell: where do you stand on the idea of the con cement spreading? could it happen in other countries was the question asked, it seemed like, in the markets this morning if it goes through on cypress, on to the next guy and next who have problems? >> that's a legitimate concern that the architect or one of the principle architects here, the imf, the ecb, and the european union and germany with a strong hand there. if they force this upon one country, who is to say they couldn't force it upon a larger, more important country? if europe were able to execute a plan like that, who is to say that the united states wouldn't look and say, well, they did it in europe, why couldn't we look here? connell: rule of law question; right? >> exactly. dagen: what's the solution? somewhere between forcing the haircut and letting banks fail? where is
, israelis have put this country at the forefront of the global economy. israelis understand the value of education and have produced ten nobel laureates. israelis understand the power of invention, and your universities educate engineers and inventors. that spirit has led to economic growth and human progress. solar power and electric cars, bandages and prosthetic limbs that save lives, stem cell research and new drugs that treat disease, cell phones and computer technology that change the way people around the world live. so if people want to see the future of the world economy, they should look at tel aviv, home to hundreds of start-ups and research centers. israelis are so active on social media that every day seem to bring a different facebook campaign about where i should give this speech. that innovation is just as important to the relationship between the united states and israel as our security cooperation. our first free trade agreement in the world was reached with israel nearly three decades ago. today the trade between our two countries is at $40 billion every year. more i
the economy has been so weak. >> what about food and gas prices? >> one thing is the defined benefit lifetime retirement program. those are gone. so you are not -- you just don't have enough money if you're retiring to live off of it, and the government is now broke, in effect. they can't step in and make this up. >> how much are they paying down in the government debt? >> well, the government debt is actually not going down, if i may say. so we are going to have a deficit this year of a trillion 300 billion dollars which is $25 billion a week. it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will ove
of america's biggest cities. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> it is the kind of plot you may find in a spy model, older man falls for a beautiful young women and falls for something and it isn't love. that's what allegedly happens with this defense contractor and former army officer. he is charged with passing nuclear secrets to his chinese girlfriend. here is cnn's brian todd. >> reporter: he is an army reservist with top secret clearance, doing contract work for contract command in ohio. benjamin bishop stands accused of leaking nuclear secrets, weapons, war plans, early warning radar systems. u.s. officials say he gave them to a chinese woman 32 years younger who he was having a relationship with. bishop was arrested and in is in custody. his attorney says this. >> served his country honorably for 29 years. maintains he would never do anything to intentionally harm the united states. >> reporter: is the woman a chinese spy? court documents identify her as person one. 27 years ol
in jobs in the economy, and closes loopholes and preserves the middle class' ability to grow and proceed. so, we now are, you know, in this 30-hour thing. we could actually be debating the budget while those 30 hours tick. we don't have to be sitting here doing nothing. and one of our colleagues said, he'd like to debate the budget two weeks from now. why is he putting things off? well, i guess if i had their budget and looked at it compared to our budget, that's what i'd want to do. but that's not fair and that's not right. so i just came to the floor to join my colleague from washington in pleading with our colleagues, let's have a real debate on the budget. the lines are squarely -- are sharply drawn. our budget and your budget contrast. let the american people hear the debate and decide who they like. we're pretty confident they'd like ours better. you no longer have the talking point, we don't have a budget. so instead you're preventing us from talking about our budget. it is not fair, not right, and doesn't really help the process. so i would hope that i know there are some members
to work sick costs the economy $180 billion each year in lost productivity. >>> and it's gross. >> in the guest spot, thanks so much for being with us. >> my pleasure. thank you. >> so some of the research that i've seen from cornell university actually shows that moms are penalized more than dads when they do take sick days to take care of their kids or they have to take off work to be able to take care of their kids, their family, a loved one. does having a standard baseline get it that problem and hopefully equalize the employer response to taking sick days? >> well, it helps women in several days. women are less likely to have it. more likely to need it since they do most of the care giving. but they also need men to share that care giving and more men will do so if they don't get punished for it at work. >> i wanted to pick up on something she was talking about, this might be good for the economy. some say they would rather make their own productivity decisions. i'm wondering what you think about the context of a decision and trying to build support for this kind of federa
and spending more is not a path to prosperity. it is not going to give us a healthy economy. billy zane stars in barabbas. coming in march to reelz. to find reelz in your area, go to reelz.com the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into the issues of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. >> the motion is adopted without objection, the motion to reconsider is laid upon the table. michael: the scene from the house floor where paul ryan's budget barely passed, two votes. it was 221-207 that sounds like 14 votes but it was two more than they actually needed. there was a small margin for this budget, a l
for the survival of the cypriot economy. >> reporter: by the evening, however, news firmed up about the plan to split likely banks and its staff marched on parliament in the first really tense protests in this country's crisis. this evening, the queues at the cash machines grew even longer as they ran dry. parliament also is considering capital controls, stock money being taken out of this country. >> holman: late tonight, a new proposal was floated in parliament to create a fund using revenue from natural resources, bonds and other assets. but debate was delayed until friday. the u.n. agreed today to launch an investigation into the possible use of chemical weapons in syria. the syrian government and rebels have accused each other of using them in an attack in aleppo this week. u.n. secretary general ban ki- moon said the investigation will begin as soon as possible, but not overnight. >> the investigation mission is to look into the specific incident brought to my attention by the syrian government. in discharging its mandate of an investigation mission, full cooperation from all parties w
. a market and economy dependent, i guess, but absolutely, they're going to keep printing until they feel they don't have to anymore which is probably a long time away from now. charles: buying the dips, thanks a lot, larry. that's by the way the opening bell, and the markets are ringing, the futures have been up all morning long and let's check the big board. dow up 29 points and ticking away. and the market is up and fedex we talk about that being something of a proxy for the economy. and they reported the numbers this morning and the profits were lower, and maybe people are buying or not shipping as much of the certainly we want to find out what's going on. let's go to nicole petallides on the floor the of the new york stock exchange. >> we're seeing fedex to the down side and the transportation index is higher and the dow is up 51 points. fedex comes out here with the numbers and they talk about weakness that hit their profits and they're actually trying to cut costs, but in cutting costs they actually incur cost toss cut costs so they're noting that as well. and year to date, fedex i
that has to do with the smart investments that we know we need to get the economy growing again, those are off the table. big tax cuts for the wealthiest americans that has to be made up by somebody and we know who that somebody is. >> thank you for coming in. there is no huge surprise that the ryan budget overwhelmingly passed in the house or that it failed in in the senate, but three senators voting against it, rand paul, ted cruz, mike lee. that's a new thing, tea partiers saying i'm even more conservative than paul ryan. is that the message? >> yeah. that is the message and also 2016 is the message. two of those three folks you mentioned have presidential ambitio ambitions. the rhine why we're in this situation in the first place is the inability to come together and pass a real budget. and really we see a new base rhine where these big tee bates are taking place, but the new sort of normal is the spending levels that were set by sequestration. and so yesterday we did see congress pass, pass a continuing resolution, pass a stopgap spending bill that went to the white house. and it
out it was preplanned, prior to sequestration. anything that goes wrong in the economy, accident, tragic accident like this, paint it like sequestration. for some reason, it's the republicans' fault, somehow, trying to make the link. look to the usda, e-mails or the national park, this is cheap political props. on the back of marines pretty ticked off. >> dana: i was going to ask a media angle of this. harry reid says stuff in the past. when you say this on the floor, the media ignores it and brushes it off. whereas if it's a republican it would be -- >> greg: the definition of insanity is expecting sanity from harry reid. it's your own fault. to expect anything commonsensical from him. can we talk about how he sounds? he has the voice of horse lubery can't. can't -- lubricant. >> dana: how do you know? >> greg: it's metaphor. it spent time on the farm. doesn't he realize, he is insane. that he realizes that he is shooting in his own tent. obama owns the sequestion ration. he has become the attack dog so rabid his handlers aren't safe. we give you the job of defending harry reid.
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. [ male announcer ] book ahead and save up to 20 percent at doubletree.com, so you can sit back, relax and enjoy. doubletree by hilton. where the little things mean everything. >>> had been hb showing her strength in the country's largest swing state, florida. she's got double-digit leads in hypothetical presidential matchups over each of florida's potential presidential candidates. let's check the "hardball" scoreboard. according to a new quinnipiac 308, she would lead by 11 points, and against marco rubio, the lead among florida voters is again 11, 52-41. wow, she's beating them on their home turf. we'll be right back. but there s i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is
provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: president obama called on young israelis to see the world through palestinian eyes and challenged israeli and palestinian leaders to abandon formulas and habits that have blocked peace. but even amid his visit, the old threats and realities of violence were present. margaret warner reports from jerusalem. >> warner: the second day of the president's trip to israel and the west bank was met with rocket fire from one place mr. obama won't go: hamas-controlled gaza two landed in sderot, israel in a clear breach of the ceasefire between the islamist hamas faction and israel struck late last year. there were no injuries. a l
and financial costs due to the influx. and has further strained the economy that is already under considerable external pressures. with an unstable region, a sluggish global economy that is still recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in shouldering this enormous responsibility and more help in fatesing this humanitarian calamity. we had the opportunity to talk about the peace process and we're very delighted by the vision and the depth of wisdom that the president showed over the past several days in his trip with the israelis and the palestinians. obviously i reiterate jordan's commitment to the peace process. and the crucial importance of u.s. leadership in resuming the palestinian/israeli negotiations based on the two-state solution. there is simply no other formula, no other alternative. the two-state solution is the only way to go. and if you compare that also with the radicalization of syria, together with the impasse in the peace process, this is going to be a serious threat to an already-volatile region. i believe there is a
back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing
to the economy. manufacture something picking up. the housing market is picking up. now, it's a deliberate wedged repeal that. >> 750,000 families without a paycheck. they are not spending money, creating any demand, putting money into the economy. >> it will actually reduce growth about six %. >> the which you choose on twitter, the hash tag is youchoose. >> that's right. >> or go to your website schakowsky.house.gov. >> all right. we will roll them out over time should we have 2100 fewer food inspections or give. they can't get their arms around because of grover norquist. >> on the gun issue, talking about mental health services 373,000 seriously ill, mentally ill children and adults will lose treatment. should we do that or give special tax breaks to hedge fund managers? i mean these are the kinds of choices that we are literally making right now in this country. >> one of the tax breaks is owners of corporate jets. i don't know how much money that is >> absolutely. jets and luxury products and yachts and that kind of thing. really? really? should we gi
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
and the economy first and managing our debt wisely and responsibly. >>> what will you say in response to the rep criticism and clearly paul ryan's manifesto, when his budget shows the contrast, what do you say to their criticism that you don't resolve the spending cuts, that you don't deal with the debt adequately, just to play devil's advocate for a moment? >> sure. firstly, we do cut spending in our budget, but if you look at the ryan republican budget, it calls itself balanced, but it does it? just a horrendous ways to families across our country, who have been watching their kids go to school and struggle because of the cutbacks there, people who can't get a job today, people who want to have a strong country in the future, know that the investments we make in education and the infrastructure are devastated in the ryan budget, and he makes false promising that could be kept about reducing the tax rates. the only people that are protected in the ryan budget are the wealthiest and the largest corporations. they tell the rest of america, you are responsible for managing this debt that we have g
. the public fight was over the budget. >> the stanford economy looked at the budget and said 500,000 jobs right away. this plan will protect and strengthen medicare. it begips, yes, by repealing obama care. >> the resolution passed 221 221-207. with ten republicans an all democrats voting against it. >> this is an uncompromising ideological approach to our budget issues. this also fails the test of taking a balanced approach. >> the senate is planning to vote on the ryan blueprint to hold republican feet to the fire. >> it was crafted by a hard right group in the house. and most republicans would rather run away from it. we saw that happen during the presidential campaign. we're not going to let them run. >> senate democrats favor budget chair patty murray's plan to raise taxes, increase spending and never come to balance. top republicans say it doesn't add up. >> that means more debt. fewer jobs. frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on
. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. the people of bp made a commitment to the gulf., and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. watch this -- alakazam! ♪ [ male announcer ] staples has always made getting office supplies easy. ♪ another laptop? don't ask. disappear! abracadabra! alakazam! [ male announcer ] and now we're making it easier to get everything for your business. and for my greatest tri
is increasing. it is isolated, its economy is in dire straits, its economy is divided, and its position in the region and world has only grown weaker. i do believe that all of us have ab interest in resolving this issue peacefully. strong and principled diplomacy -- [ applause ] -- strong and
economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> no, we have learned absolutely nothing. the president is now doubling down again on green energy projects. he still believes the government can pick winners in green energy and he still thinks that maybe we'll get the technology right to get green power in the future. wrong on all counts. we're so far failed with these green energy products. i think we've got a list of all the green energy project which is have really gotten into deep trouble, either bankrupt, laid people off, they've lost a ton of money. it's one after another. it's very, very long list. >> steve: what do you think it was about this particular solo power thing that the government said oh, we got to give them a bunch of dough? >> the
austerity we were pushing ruined economies -- it was the dumbest thing we could have asked for. and the real story behind greece being the assumption around the world has been that greece got into a big financial problem. they were paying too many social entitlement payments to their people. they got under it. they borrowed money to cover it and then they got in too deep. and they got the bailout money and somehow it didn't fix it. and you keep hearing we're going to become greece. >> right. >> hal: it's the gdp versus debt idea. which is stupid. you find out the real story behind greece -- which again, not to get too much like lee camp where you start to lose your money and try to remain funny, but at the same time you are like what the hell -- the greece idea is we'll give you this money but you have to cut your social entitlements. we'll give you this but you have to cut these ridiculous entitlement programs. >> entitlement for social protection? >> hal: it was all kinds of stuff like that. unemployment insurance, their equivalent of medical payments -- it
buffenbarger sharpening america's edge on the global economy. find more by going to go aiaim.org. good to have you with us and happy to welcome back into the studio this morning one of our good friends from huffington post, keeping his eye particularly on the economy and it plight of working class americans, arguments you are delaney. you are looking good this morning. >> thanks, bill. >> ready to go. >> normally in a tie though. >> i am wearing a tie. why are you wearing a tie? i don't wear a tie. you are wearing a tie. >> i usually wear a tie. >> okay >> bill: not for this radio show no it's a matter -- it's become a matter of principal. authur authur, we are now what? three weeks, is it? >> yeah. >> how bad is it? >> doesn't seem bad at all. >> well, when it first started, that first day, all of the news cameras were at the airport. whoa there was no delay here for obama. now, people are getting laid off. for them, it sucks. for everybody else potentially, it's going to start to sink in. >> is it? do you see signs of it now? for example, i saw the ot
tonight's. jon: getting a read on the true u.s. economy. the dow jones has been surging. a 57 points in the mid-14,000. the national debt keeps soaring as well. washington seems unable to find a solution. the unemployment rate stubbornly high. chief correspondent jim angle takes a look. >> enormous amounts of money into the economy, they will be gasping for air. listen to this. >> it was crucial in the crisis and the fed is very powerful at stopping the fall. but it's not good at pushing one investors who don't really want employers who don't want to hire. it has been pretty unsuccessful. >> some know that some small signs of recovery in the housing market have occurred. even with the creation of 236,000 jobs in february, job growth has lagged and is still dismal. >> is the worst business cycle that we have had since the end of world war ii in terms of job creation. we haven't even gotten back to where we were at the peak of the previous business cycle. reporter: the unemployment rate remains high. administration officials predict it would be about 5%. including all of those who took
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life. but great institutions like the family. about a growing economy.about ai strong national defense. we care of about these things so much because fundamentally, we are the people who truly care about people. we love people. in this country. we want everyone to succeed in this country! am. >> i want to talk a little bit about what is logical and what is common sense. today. because we don't hear a lot of that. and i don't think that common sense should be something that is just for conservatives. liberals and everybody else should understand and enjoy common sense also. for some strange reason, sometimes they don't. >> you see, as conservatives, we shouldn't take a back seat to anybody. we have a moral cause. it is not just about balancing budgets. it is not just getting the economy going. what we stand for is not taking thing away from people. that's the other side. p this president measures success by how many people are dependent on the government. we measure success in government by just the opposite, by how many people are no longer dependent on the government. not because we h
in our economy. a lot of people like me. look, i'm not going to do it anymore. you are going to come in for half or whatever, it's not worth my time. >> how is that good for our economy. >> bill: it's not. it's horrible for our country. >> i don't get how the liberal intelligence i can't isn't jumping off this guy's bandwagon they hang on like 14-year-olds with justin bieber. it's over. time to get off. >> bill: they're not going to do that it's just like ideology, you said it at the beginning of this interview. you are not coming at it from an ideological point of view. it's common sense. they don't want common sense. >> i feel like i'm being cat fished. i feel like obama's man tie at mid-atlantic at-man tie at a owe's new girlfriend. looks like something they smuggle drugs out of costa rica. the only reason is he there because is he has bigger boobs than putin does. sending him there and rodman to north korea. make honey boo boo the ambassador to tehran and complete. fitness. this guy is coming over to fitness. he has been in a moo moo for 15 years. why don't you have him over ther
situation in cyprus. a million people live on cyprus. the economy is smaller than the state vermont. warren buffett should just buy cyprus. >> bloomberg buy it and split it in half. >> what did you learn? >> today was a very educational show. we found out phish is starting a new album tomorrow. that's breaking news. and i got to look at my friend james bennett without a beard and i've got to say -- >> no, don't. >> he looks younger. he looks younger. don't you think? >> it's usually what he says. >> he looks younger. >> so i was asking you what made adam so great, editor of "new york" magazine. >> my boss, my friend and i think arguably the greatest magazine maker of this moment, of the last decade or so. >> he knows how to give a magazine a voice. very important. >> and visually. >> we had a lot of "new york" magazine people on today. >> and what a great cover story. >> knocking it out of the park. >> if it's way too early, what time is it, mike? >> well, it's time for "morning joe." but right now it's time for our ole pal crystal izz acht. >> i need a fix. ♪ i'm going down." >>> preside
't want the economy to slow down. it is a huge burden on consumers and businesses. we have the battle. lou: part of the fundamentals is a little place called cyprus related to another little place called greece, related to somethg much bigger. the eurozone -- these people have made a horrible misjudgment. the european central bank and the international monetary fund. is it recoverable? >> well, they have their back against the wall. they don't have printing press like we do. e germans don't like the russians and all of this stuff. so you have to see that the federal reserve by pushing short and long-term rates, two to three percentage points, we have basically confiscated this in the last for five years. we just did in a less obvious way. >> a less obvious way. what is pretty obvious now is you have this with the bond market they are sitting her taking every element. predicting the end of the world. atome point, i am not ready for the end of the financial world as we know it. are you? >> we have had bubble bursts since the late '90s. i used to say that the baby boomers will drive the marke
's straining their economy here. there's also fear about those chemical weapons in syria, will those come across the borderer and cause more violence and chaos? when i sat down yesterday with the israeli president, shimon peres, he said king abdullah and other leaders in the arab world need to step up here to stop the violence in syria. take a listen. >> it's an arab problem, it's an arab organization and league. they have to do what the africans did in africa, organize their force under the auspices of the united nations and stop the bloodshed. >> reporter: but so far king abdullah has said he opposes any kind of foreign military intervention in syria, so we're till at a stand still in that con felix. we'll be looking -- conflict. we'll be looking for that at the news conference and, let's not forget there's pressure on president obama as well not just from republicans back home in the u.s., but also democrats like senator carl levin saying that the president should help set up a no-fly zone around syria, maybe there should be some sort of strategic surgical air strikes against president
stressed an economy already under considerable external pressures. having said that, as i alluded to, we are so grateful for the u.s. assistance. it is an enormous responsibility. together, we continue to appeal to the international community for further help in averting this calamity. we had an opportunity to talk about the peace process. we are very delighted with the vision and depth that the president showed. this conveys the crucial part of u.s. leadership in is really- palestinian negotiations. the two-state solution is the only way to go. if you compare that with the radicalization of syria, together with the impasse in the peace process, this will be a serious threat to an already volatile region. the window is fast closing for negotiations, primarily due to increasing sectarian activities. there is no time to waste. the prime minister shared details of jordan's homegrown model. we believe that we have a model as a clear end goal, a parliamentary government. checks and balances of democracy. a new constitutional court. we will also add a new independent election commission, and w
for everybody in our state. that was an amazing challenge when the economy ran into some much difficulty. we had in districts are representative, in the southern part, kokomo, we built chrysler transmissions there and had over 5000 people working, building those transmissions before the troubles it. after the troubles hit, it was almost down to zero. and in the northernmost part, an elkhart county, we countyr.v.'s for the world, and then diesel hit $4 a gallon and credit dried up. then the economy tight end. we had a large number of folks who were wondering how am i going to keep my job, how am i going to pay my mortgage, how am i going to be able to keep my house, the most basic thing. of the things that was designed in our state was to try to train people said that they had more of an ability than just to be working on it and not so skills position, and we set up with our community college system across the state, retraining programs so that they were able to run machines, able to learn advanced manufacturing. and just below the area where the r.v. companies were, was a manufacturinge area, an
would most certainly collapse. that could potentially threaten other national economies. these things are often domino effects as you know. greg palkot is live in london. what is the latest on this deal, greg. >> reporter: you're right, martha. people are scrambling blink to prevent another way for cyprus to go bankrupt and dragging rest of europe down with it. in the cypriot parliament, not a single member of parliament voted in favor of that plan. this plan could see as much as 10% taken out of private bank accounts to help bankroll that bailout. the vote was seen as a victory for the little guy but yes, now they have to find another way of getting the money. one way of getting the money may be go to moscow with hat in hand. cypriot officials were there today. rich russians taking advantage of lax banking regulations on the sigh land of cyprus invest a lot there. maybe as much as half of the deposits and investments are coming from russia. they're looking now for more loans from russia and maybe there are reports of selling off some things there. a bank. a maybe some energy rights.
that it will stay the course, staying the course, of course, means pumping money into the american economy especially concerns about a possible bailout in cyprus flare up. summer won't come soon enough for twinkie lovers. you know who you are. a bankruptcy judge approving hostess' sale to two investment firms and bringing twinkies, ho-hoes and ding dongs back from the dead. the deal said to be worth $410 million. the new owners hope to have twinkies and its snack cake brethren back on your store shelves by summer so you can stop with the locked door in your office and your stash. you'll be able to replenish it soon. and think you can trust labels at the shopping mall? think again. some clothing labeled as being made with fake fur was actually made with real fur. neiman marcus resolve clothing and dr. j.'s dotcom are settling false marketing charges with the federal trade commission. the retailers will not pay any fines but do promise to label all their products correctly going forward or face penalties. imagine if you were going to buy a pair of flats for example, this was a brand-name sli
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we filled it with smelly odors. then installed a car vent clip and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>> congressmancongressman patr earned a bronze star. he's here for an interview about a big direction that could be announced by the president. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that look
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